Indian Renewable Energy Development Agency Ltd. (IREDA): IREDA Share Price Rises 2.2% as Stock Ends at Rs 115.90
- September 28, 2026
- Posted by: Harsh Piplani
- Category: News
IREDA Share Price moved higher today, with Indian Renewable Energy Development Agency Ltd. closing at Rs 115.90, up 2.2% from the previous close of Rs 113.40. The day’s gain added Rs 2.50 to the stock and lifted its market capitalisation to Rs 31,856.68 crore. The move is relevant because the supplied data confirms a same-day price rise, but it does not establish a company-specific catalyst. For readers tracking IREDA Share Price Today, the key point is straightforward: the stock rose within a range of Rs 111.75 to Rs 116.35 after opening at Rs 113.25, while turnover stood at Rs 10.91 crore. In this Univest update, the focus is on what the numbers show, how the valuation compares with the Finance – NBFC universe, and what investors may want to monitor next.
IREDA Stock News today is therefore about verified price action rather than a stated trigger. The combination of market cap, valuation ratios, profitability metrics and sector comparison gives context to the IREDA Share Price move, even as the data itself stops short of naming a cause.
IREDA Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 115.9 |
| Previous Close | Rs 113.4 |
| Today's Move | Rs 2.5 (+2.2%) |
| Open | Rs 113.25 |
| High | Rs 116.35 |
| Low | Rs 111.75 |
| Turnover | Rs 10.91 crore |
| Market Capitalisation | Rs 31,856.68 crore |
| Market Cap Category | Large Cap |
Indian Renewable Energy Development Agency Ltd. (IREDA) rose to Rs 115.9 from the previous close of Rs 113.4, a move of Rs 2.5 or 2.2%. The stock opened at Rs 113.25, reached a high of Rs 116.35, recorded a low of Rs 111.75.
IREDA Share Price Today settled at Rs 115.90 after rising Rs 2.50, or 2.2%, from the previous close of Rs 113.40. The stock opened at Rs 113.25, traded between Rs 111.75 and Rs 116.35, and ended near the upper end of the day’s range. Turnover was Rs 10.91 crore. This IREDA Share Price update confirms a clear same-day gain, but the available data does not establish a company-specific reason behind the move.
Indian Renewable Energy Development Agency Ltd. (IREDA) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 31,856.68 crore |
| P/E Ratio | 16.21x |
| P/B Ratio | 2.26x |
| ROE | 15.58% |
| ROCE | 8.69% |
| EPS | Rs 7 |
| Book Value Per Share | Rs 50.28 |
| Dividend Yield | 1.19% |
Indian Renewable Energy Development Agency Ltd. (IREDA) fundamental metrics show P/E 16.21x, P/B 2.26x, ROE 15.58%, ROCE 8.69%. These figures provide context only and are not a buy or sell signal.
Indian Renewable Energy Development Agency Ltd. has a market capitalisation of Rs 31856.68 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 16.21x, P/B at 2.26x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 15.58% and ROCE of 8.69%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 7, book value per share of Rs 50.28, dividend yield of 1.19%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 21.26x, median ROE of 3.62%, median ROCE of 5.7%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Finance |
| Industry | Finance – NBFC |
| Benchmark Scope | same industry |
| Company P/E Ratio | 16.21x |
| Benchmark Median P/E | 21.26x |
| Benchmark Average P/E | 49.49x |
| Benchmark P/E Range | 0.48x to 796.81x |
| Company P/B Ratio | 2.26x |
| Benchmark Median P/B | 1.03x |
| Company ROE | 15.58% |
| Benchmark Median ROE | 3.62% |
| Company ROCE | 8.69% |
| Benchmark Median ROCE | 5.7% |
| Company Market Capitalisation | Rs 31,856.68 crore |
| Benchmark Median Market Cap | Rs 48.02 crore |
Indian Renewable Energy Development Agency Ltd. (IREDA) is classified under sector: Finance and industry: Finance – NBFC.
Indian Renewable Energy Development Agency Ltd. (IREDA) has a P/E ratio of 16.21x, which is below the benchmark median of 21.26x, a difference of -23.75%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Indian Renewable Energy Development Agency Ltd. (IREDA) has a ROE of 15.58%, which is above the benchmark median of 3.62%, a difference of +330.39%. Indian Renewable Energy Development Agency Ltd. (IREDA) has a ROCE of 8.69%, which is above the benchmark median of 5.7%, a difference of +52.46%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Bajaj Finance Ltd. | BAJFINANCE | 6,19,482.45 | 30.51 | 5.21 | 18.54 | 10.87 |
| Shriram Finance Ltd. | SHRIRAMFIN | 2,35,069.2 | 20.77 | 2.16 | 16.36 | 11.49 |
| JIO Financial Services Ltd. | JIOFIN | 1,49,891.31 | 72.53 | 1.08 | 1.23 | 2.11 |
| Cholamandalam Investment and Finance Company Ltd. | CHOLAFIN | 1,41,833.12 | 24.66 | 4.43 | 19.51 | 9.7 |
| Bajaj Holdings & Investment Ltd. | BAJAJHLDNG | 1,21,219.78 | 13.69 | 1.65 | 14.41 | 14.81 |
Indian Renewable Energy Development Agency Ltd. (IREDA) has a P/E ratio of 16.21x compared with the displayed peer median of 24.66x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 15.58% compares with a peer median of 16.36% across the companies shown in the table. ROCE stood at 8.69% versus the displayed peer median of 10.87%, providing a capital-efficiency comparison. Indian Renewable Energy Development Agency Ltd. (IREDA) has a market capitalisation of Rs 31,856.68 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching IREDA
- IREDA Share Price rose 2.2% today to Rs 115.90 after closing above the previous close of Rs 113.40.
- The day’s range was Rs 111.75 to Rs 116.35, with opening at Rs 113.25 and turnover of Rs 10.91 crore.
- The stock’s P/E ratio is 16.21, below the same-industry median of 21.26.
- ROE of 15.58% is above the same-industry median of 3.62% and average of 4.64%.
- IREDA Share Price sits in the Finance – NBFC industry with a market capitalisation of Rs 31,856.68 crore.
About IREDA
Indian Renewable Energy Development Agency Ltd. is a finance company in the Finance – NBFC industry. It is associated with financing and lending activities linked to renewable energy and related infrastructure, and it operates within the broader Finance sector. For readers tracking IREDA Company News, the important business context is that the company belongs to a segment where credit quality, capital efficiency and valuation metrics often matter as much as headline price moves.
IREDA Share News is often followed by investors who compare market cap, P/E ratio, P/B ratio, ROE, ROCE, EPS, book value and dividend yield against the industry backdrop. That makes IREDA Share Price relevant not only as a daily market update, but also as part of a broader stock analysis and fundamental analysis framework on Univest.
Track IREDA Share Price on Univest
Use Indian Renewable Energy Development Agency Ltd. (IREDA) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
You can track IREDA Share Price Live on Univest for the latest price updates, market capitalisation, P/E ratio, P/B ratio, ROE, ROCE, EPS, book value, dividend yield, shareholding pattern, 52-week levels and market insights. Univest also helps readers monitor IREDA Stock News, IREDA Latest News and IREDA Share Price Update in one place, with a clean view of stock performance and company context.
For users comparing IREDA Share Price Today with sector peers, Univest provides a practical way to follow valuation, financial ratios and the latest Indian stock market context without turning a single price move into a prediction.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did IREDA share price rise today?
Ans. IREDA Share Price rose 2.2% to Rs 115.90, but the supplied data does not establish a company-specific catalyst. The article confirms the same-day price move, opening price, range, turnover and market capitalisation.
What is IREDA share price today?
Ans. IREDA Share Price Today is Rs 115.90. The stock added Rs 2.50 from the previous close of Rs 113.40 and finished within a day’s range of Rs 111.75 to Rs 116.35.
What is the market capitalisation of IREDA?
Ans. IREDA’s market capitalisation is Rs 31,856.68 crore. That places the company well above the industry median market cap in the same sector snapshot and gives scale context to the day’s share price rise.
What does IREDA valuation look like?
Ans. IREDA has a P/E of 16.21 and a P/B of 2.26. The earnings multiple is below the same-industry median, while the book multiple is above the median, so valuation context is mixed.
How strong are IREDA profitability ratios?
Ans. IREDA reports ROE of 15.58% and ROCE of 8.69%. Both figures sit above the same-industry medians and averages in the sector snapshot, which provides useful context for stock analysis. ROE stands at 15.58%.
How does IREDA compare with peers?
Ans. Compared with listed NBFC peers, IREDA is smaller on market cap than Bajaj Finance, Shriram Finance, JIO Financial Services, Cholamandalam and Bajaj Holdings, but its P/E is lower than several of them.
What do EPS and book value mean for IREDA?
Ans. IREDA’s EPS is 7 and book value is Rs 50.28. EPS measures earnings per share, while book value shows accounting net worth per share, both of which help in fundamental analysis.
Can I track IREDA share price on Univest?
Ans. Yes. Univest allows users to follow IREDA Share Price, key valuation ratios, market cap, shareholding pattern and 52-week levels, along with stock news and market insights in one place. The previous close was Rs 113.4.
